Cie. Automotive SA (CIE SM) added 2 percent to 4.08 euros,
extending yesterday’s advance. The Spanish car-parts maker will
sell a stake of its Brazilian unit in an initial public offering
during the “first part” of 2011, Chairman Antonio Pradera said
in a phone interview. Cie. will post record sales in 2010, based
on the company’s nine-month performance Pradera said.

Gamesa Corporacion Tecnologica SA (GAM SM) fell for a
fourth day, dropping 1.2 percent to 5.05 euros. Spain’s largest
maker of wind turbines hasn’t received any offers since UBS AG
analysts named it as a potential buyout target in October and
isn’t in discussions with any potential buyers, Chairman and
Chief Executive Officer Jorge Calvet said.